1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maslowich
3 years ago
5

Archer Company had an inventory balance of $2,600 on January 1. During the accounting period they made purchases of $11,500. The

ending inventory balance was $1,250. If Archer Co. uses the periodic inventory system, what is the cost of goods available for sale?
A. $14,100
B. $2,600
C. $12.850
D. $11,500
Business
1 answer:
Sladkaya [172]3 years ago
7 0

Answer:

A

Explanation:

Opening stock                                      2,600

Add: purchases                                     11,500

                                                             ------------

Cost of good available for sale           14,100

Less: closing stock                                (1,250)

                                                             ------------

cost of sales                                           12,850

                                                              ---------------

You might be interested in
The original cost of a LIFO inventory item is below both replacement cost and net realizable value. The net realizable value les
serg [7]

Answer:

D. Original cost.

Explanation:

As we know that the inventory should be valued at lower of cost or market value. Also , the market value is the middle amount among the replacement cost, net realizable value, net realizable value - normal profit margin

It can be the replacement cost or net realizable value. We don't have an idea which one is the middle amount

Also, if the original cost is less than the market cost so we assume that the inventory should be valued at original cost

4 0
3 years ago
What is a credit union?
KIM [24]
D.) A cooperative lending institution for a particular group.


Typically, you must be a member to participate in a credit union.
4 0
4 years ago
Read 2 more answers
A flying squid (family Ommastrephidae) is able to "jump" off the surface of the sea by taking water into its body cavity and the
Zielflug [23.3K]

Answer: V=7.43m/s

d =2.82m

Explanation:

a) For the first part, the initial velocity immediately after ejection, by using momentum conservation

before ejection, the momentum of the squid/water system is zero

there are no external forces acting on the system at the moment of ejection, so we can find the speed of the squid by noting

momentum before ejection = momentum after ejection

0 = M1U + M2V

0=-0.26 kg x 20 m/s + 0.7kg x V

where the speed of the water is taken as the negative sign, and V is the speed of the squid right after ejection, solving for V we get

V=7.43m/s

B. we use the equation vf^²=v0^²+2ad

where vf=final velocity = 0 since velocity is zero at motion's apex

v0=initial velocity = 7.43m/s

a = acceleration = -9.8m/s/s

d=height (to be found)

Therefore,

0=7.43^²+2(-9.8)d

Mathematically, it becomes

d=7.43^²/2(9.8)= 2.82m

d = 2.82m

4 0
4 years ago
If a firm is worried about distance, country risk, employee morale, intellectual property protection, legal issues, and obtainin
kvasek [131]

Options:

Offshore

Outsource

Keep in-house

Keep domestic

Answer: keep domestic

Explanation: The recruitment options embarked upon by firms may affect the policies or type of processes the firm's employ in overseeing their recruitment process. For firms who seems skeptical about issues relating to distance, legal issues, country risk, morale and other issues listed above, such firms will best be better placed to oversee a hiring process which is restricted to the local environment which the firm is well informed about and devoid of international and legal barriers, oversea culture and mentality which may hamper or affect the required hiring structure of the firm.

6 0
4 years ago
On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June
densk [106]

Answer:

Yes, because the job offer is for longer than one year from March 1

Explanation:

Since in the question it is mentioned that Sara who is a student have offered a job on March 1 that begins on June 15 and she have to move to california for the job. So here the Sara  would ask the letter in the case when she accepted the offer immediately as the job offer would be more than one year i.e. from March 1

Therefore the above represent the answer

7 0
3 years ago
Other questions:
  • Kilian Company's inventory balance at the end of the current year does not include $10,000 of inventory that was stored in a sep
    9·1 answer
  • After 30 selfless years of service to our company, Renalda Garwacki has chosen to take a little more time for herself. With a ne
    13·1 answer
  • In unit pricing, the total value of the contract is a function of the quantities needed to complete the work.
    15·1 answer
  • A limited liability company is best thought of as a cross between a partnership and a:
    10·1 answer
  • Sam Seller was worried that Barney would not perform under the contract and demanded an assurance. How many days does Barney hav
    6·1 answer
  • Industries is calculating its Cost of Goods Manufactured at​ year-end. Sharpland's accounting records show the​ following:
    7·1 answer
  • Jacques lives in Denver and runs a business that sells guitars. In an average year, he receives $731,000 from selling guitars. O
    8·1 answer
  • You work for a Europe-based company that is interested in doing business internationally. As a top manager of the firm, you want
    13·1 answer
  • A portfolio analysis involves:________
    11·1 answer
  • Aarp expects agents offering aarp-branded products to demonstrate five key behaviors when interacting with customers. Aarp wants
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!